Kansai Nerolac Paints technical analysis

According to the latest Pivot data, Kansai Nerolac Paints’s immediate technical levels for the selected time period 5 minutes indicate key support and resistance zones that traders should closely monitor. The pivot point is positioned at ₹241.7, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹243.4, ₹246.1, and ₹247.8, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹239, ₹237.3, and ₹234.6, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Kansai Nerolac Paints’s price movement.